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Companies / Information Technology / Nortech Systems Incorporated
NSYS

Nortech Systems Incorporated

Information TechnologyElectronic Equipment
Ticker NSYSMAPLE GROVE, MNFiscal year ends DecemberBook value per share $11.80Diluted shares 3.0M

Nortech Systems Incorporated (Nasdaq: NSYS) provides engineering design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies and components. Its services span project management, design, testing, prototyping, manufacturing, supply chain management and post-market… From the company’s description.

Over the twelve months to Jun 30, 2026, Nortech Systems Incorporated reported revenue of $124.65M, up 6.0% from a year earlier, and net income of $1.03M. Its operating margin was 2.0%, and operations generated $3.07M in cash. In fiscal 2025, it reported revenue of $118.36M, down 7.6% from fiscal 2024, and a net loss of $0.25M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$118.36MFY2025
−7.6% year over year
Last 12 mo $124.65M
0.82%FY2025
+1 percentage points
Last 12 mo 2.02%
$-0.25MFY2025
+80.5% year over year
Last 12 mo $1.03M
-0.73%FY2025
+2 percentage points
Last 12 mo 2.91%
Cash & financing
$2.74MFY2025
+221.9% year over year
Last 12 mo $3.07M
$2.08MFY2025
+159.1% year over year
Last 12 mo $2.45M
0.23FY2025
Was 0.27× a year earlier
Last 12 mo 0.30
2.8MFY2025
+0.8% year over year
Last 12 mo 3.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Nortech Systems Incorporated does

In the company’s own words

Nortech Systems Incorporated (Nasdaq: NSYS) provides engineering design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies and components. Its services span project management, design, testing, prototyping, manufacturing, supply chain management and post-market support, serving original equipment manufacturers in medical device, medical imaging, aerospace and defense, and industrial markets. Products include medical devices, wire and cable assemblies, printed circuit board assemblies, higher-level assemblies and other box builds, often made to customers’ specifications. Substantially all operations are reported in a single Contract Manufacturing segment, and more than 50% of net sales come from medical-related markets. Nortech operates facilities in the United States, Mexico and China; it had 685 full-time employees and 28 part-time or temporary employees at December 31, 2025. The company was organized in 1990 and also invests in fiber-optic interconnect technologies for applications including industrial automation, medical devices and defense communications. Its website is www.nortechsys.com.

Company details
Sector
Information Technology
Industry (SIC)
Electronic Equipment
Headquarters
MAPLE GROVE, MN
Fiscal year end
December
CIK
722313
SIC
3679

Financial performance, year by year

Fiscal 2011–2025 · USD
$-16.62M$25.91M$68.44M$110.98M$153.51M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Nortech Systems Incorporated — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

15
funds hold it
0 of 35
superinvestors hold it
$0.68M
held by funds, at market
1.6%
of shares held by funds

Largest fund holders · Nortech Systems Incorporated’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.00%of fund net assets
U.S. Social Core Equity 2 Portfolio
DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Nortech Systems Incorporated and its peers compare on margins and cash generation over ten years?”
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